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Technology Stocks : PALM - The rebirth of Palm Inc.

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To: Mang Cheng who wrote (3601)1/29/2001 9:35:31 PM
From: David E. Taylor  Read Replies (1) of 6784
 
Mang:

As I've posted before, The Register often reads like a public relations department PR for Psion/Epoc/Symbian, touting Psion and Symbian as being at the cutting edge of technology and trashing Palm PDA's and the Palm OS at every opportunity. This article sounds like an attempt to counter the spate of bad news that's been whacking Psion's stock price - first the shortfall in earnings, attributed by Psion to the weakness of the Euro and the dollar cost of components, but which we now know is due more to their loss of market share on their own home turf, then the cancellation of the joint development smartphone project with MOT, etc.

I can't imagine anything in Psion's hardware divisions that Palm would have any interest in, and I also can't imagine the majority shareholders in Symbian - NOK/ERICY with a combined 60% - would let Symbian be sold out to Palm for Psion's non-controlling 28% share.

A poor attempt on behalf of Psion to prop up it's sagging share price and business IMO. Not that we should ignore this kind of stuff since it all feeds into the rumor mill, but take it FWIW.

David T.
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